Stock Symbol: SO
270 Peachtree Street, N.W.
Southern Company Industry:
Southern Company Description:
SO is a holding company for Alabama, Georgia, Gulf, Mississippi and Savannah public utility companies as well as Southern LINC, Southern Nuclear, Southern Telecom, SCS, Energy Solutions and other subsidiaries. For the fiscal year ended 12/31/01, revenues rose 1% to $10.16 billion. Net income from continuing operations before acct. change rose 13% to $1.12 billion. Results reflect growth in the number of customers and lower interest expense
Southern Company Financial Summary:
SO is a holding company for Alabama, Georgia, Gulf, Mississippi and Savannah public utility companies as well as Southern LINC, Southern Nuclear, Southern Telecom, SCS, Energy Solutions and other subsidiaries. For the 6 months ended 6/30/05, revenues increased 5% to $6.01B. Net income applicable to Common increased 4% to $709.8M. Results reflect increased demand for electricity, partially offset by higher fuel costs.
Southern Company Business Summary:
Southern Company owns all the outstanding common stock of Alabama Power Company, Georgia Power Company, Gulf Power Company, Mississippi Power Company and Savannah Electric and Power Company, each of which is an operating public utility company. The retail operating companies supply electric service in the states of Alabama, Georgia, Florida, Mississippi and Georgia, respectively. In addition, Southern Company owns all of the common stock of Southern Power Company, which is also an operating public utility company. Southern Company also owns all the outstanding common stock of Southern Communications Services, Inc. (SouthernLINC Wireless), Southern Company Gas LLC (Southern Company GAS), Southern Nuclear Operating Company, Inc., Southern Company Services, Inc. (SCS), Southern Telecom, Inc, Southern Company Holdings, Inc., and other direct and indirect subsidiaries.